The board of directors of Mawson Infrastructure Group moved quickly this summer and reduced the relationship with leaders in serious arguments. On May 30, the company put Rahul MEWAWALLA CEO in a notice of “cause” under the contract.
A few days later, he received an administrative vacation. Then, on July 8, he took his board of directors and filed a lawsuit in Delaware’s Jaw Court.
This lawsuit blames him for fraud and violation of mandatory duty while he is in the control of the Bitcoin miner shown in NASDAQ.
Main compensation Then suddenly falls out
Reportedly, a few months ago, MEWAWALLA received a cash bonus of $ 2.5 million and 1.2 million limited stocks.
His basic wage was also raised to $ 1.2 million. At the time, MAWSON praised his leadership by quoting sales growth of 36%, and increased the total interests and 35%of SG & A costs during his tenure.
Now the same achievement stands with the claim that he misuse his role and harms shareholders.
⚖️ #Bitcoin Miner MAWSON is a CEO, file fraudulent lawsuit -what’s happening?
MAWSON’s leadership fallout adds concern about governance standards. #crypto Mining with legal responsibility as a key defect line.$ BTC pic.twitter.com/nkmq1zlw5R
-Cryptopus (@ImCryptopus) July 22, 2025
Board of Directors Temporary CEO
The company’s legal advisor, Kaliste Saloom, has been raised as a temporary CEO of Bitcoin Mining Company after MEWAWALLA is on vacation.
Saloom faces the mission of controlling the company through the work that can be a long legal battle. Based on the report, the board of directors want damages from MEWAWALLA’s actions.
At the same time, he was pushed back. In a letter on July 17, he denied all the mistakes “politely and actively” and pointed out the early public praise of the board of directors for his outcome.
In progress, miner disputes are pressure
This fight comes because MAWSON is already intertwined with other lawsuits. Stone Ridge, owned by NYDIG, accused Mawson misconduct more than 20,000 ASIC miners, or about $ 30 million.
The two sides began to end from December 2023 to March 2025, but the disagreement with the fee was ugly. MAWSON sent a total of $ 1.9 million invoice with space and power.
Stone Ridge said that there was a contract to reduce energy use in the last month and filed an objection to the bill. Then MAWSON changed the payment address of the miner and prohibited access to the Stone Ridge employee, citing a contract clause that the other party did not apply.
Investors will look closely at both examples. If the board of directors can prove the claim in court, Mawson can retreat millions of dollars back to send a message about liability.
Chart of TradingView, the main image of Unsplash
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